A record number of 381,380 students from 2,638 schools entered.

Results are given below for the 1987 AMC, held on Wednesday 29 July. There were 5 perfect scores.

Medals were presented at a function held at Government House, Brisbane, on Tuesday 22 September, by the Governor of Queensland, Sir Walter Campbell.

A highlight was the perfect score of 11 year old Terry Tao in the Senior paper. Terry is shown below receiving his medal.

The medallists were:

AMC Medallists from the Junior, Intermediate & Senior Divisions
NAME	SCHOOL		YR
BACKSAI Zoltan	Nightcliff High School	NT	8
BRENNAN Thomas	Knox Grammar School	NSW	8
BROWN Mark*	Kingswood College	VIC	8
DOUGLAS Anthony*	Knox Grammar School	NSW	8
FIELD Antony	Tauranga Boys College	NZ	8
GOLDSWORTHY Anna	Pembroke School	SA	8
LAU Sue	Pymble Ladies College	NSW	8
MURTAGH Ryan	Brisbane Boys College	QLD	8
POOLE Robert	Taroona High School	TAS	8
SELLNER Stuart	Rossmoyne Senior High School	WA	8
SHINTARO Ueda	College G Bardoux	NC	7
WATSON Geoffrey	Galston High School	NSW	8
ABRAHAM Jeny*	Penleigh and Essendon Ladies College	VIC	10
ADAM Timothy	Scotch College	VIC	9
ALNUTT James*	Canberra Grammar School	ACT	10
BERNSTEIN Aaron	Epping Boys High School	NSW	9
ECKETT Christopher	Brisbane Grammar School	QLD	10
MINNEY Aaron	Young Catholic High School	NSW	10
STEPHENSON Samantha	Epsom Girls Grammar School	NZ	10
WEATHERSON Brian	Mazenod College	VIC	9
CHUNG Kin Yan	Duncraig Senior High School	WA	12
LIEW Jeremy	Duncraig Senior High School	WA	11
POTTS Jonathon	Brisbane Grammar School	QLD	12
TAO Terence*	Blackwood High School	SA	12
TEW Khimseng	Norwood High School	SA	12
WALLACE David	Rongotai College	NZ	11

* denotes perfect score

Terry Tao was to become Australia's first Fields Medallist in 2006. In 1986, 1987 and 1988 Terry won Bronze, Silver and Gold Medals at the IMO. Until 2009 no other student from any country has won a Gold Medal before turning 13.

Anna Goldsworthy became a noted Australian writer and classical pianist. In her autobiography Piano Lessons on p76 and 77 she describes her experience of winning her medal in the Australian Mathematics Competition.

After the ceremony, South Australian medallists, Anna Goldsworthy, Terry Tao and Tew Khimseng on the steps of Government House with Sir Walter and Lady Campbell.